Simas Floor Company, Inc.
61
Plan:
Simas Floor Company, Inc. 401k Plan
21
57
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (61) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $177,600 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Simas Floor Company, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Salary Deferral. Simas Floor Company, Inc. 401k Plan currently has fewer than 100 active participants and over $2.0M in plan assets.
Retirement Plan Details
| Address |
3550 Power Inn Rd
Sacramento, CA 95826-3804 |
| Industry | Construction |
| Administrator | Megan Hiu |
| Sponsor | Mark Simas |
| Net Plan Assets | $1,980,000 |
| Total Participants | 98 |
| Avg Account Balance | $20,000 |
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